Jacksonville employees won’t get pensions, but some elected leaders will
But even with enactment of that historic change, one small but powerful group of future city employees will still be able to enroll in pension plans.
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See Also
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The elected offices of mayor,
The Florida Retirement System offers the option of enrolling in a pension plan or a 401(k) style investment account.
When Curry took office in
But his successor as mayor will have the option of enrolling in the state's pension plan, as will all others who win election to the local offices covered by the Florida Retirement System. In contrast, that ability to go into a pension plan option won't be available to other future city employees.
Changing that arrangement with the Florida Retirement System would require an act of the state Legislature, according to the city's
During collective bargaining sessions earlier this year, unions pushed for moving all future city workers into the Florida Retirement System, where participants have a choice between enrolling in pension plans or 401(k) style investment accounts.
But Curry ruled out that option at the start of collective bargaining talks. Unions eventually agreed to labor agreements that say employees hired after
"If it is good enough for the employees of the city of
"For those people, that's a great option and I think they ought to have that," Wyse said.
He said he remains convinced other city employees should likewise have the same flexibility.
"The options they have now are good in the Florida Retirement System, and us not having that option is going to cause some serious, serious issues in the future as it relates to retention and recruitment," Wyse said.
Curry and Sheriff
City General Counsel
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